washington or the private economy? >> well, i think, actually if you look at a couple of indicators, it's not good for at least the first half of 2013. one is business investment. business investment is now weaker than in 2008. and on top, so you have lots of companies sitting on their hands and you also have small business confidence taking a huge hit in november, which is very worrying. and person per capita, person income. >> it's still down from even at the start of this recovery. steve, you wanted to get in there? >> yeah, let me be the bull here for a minute. we talk auld time about the energy sector and it's not just the energy sector, we've had a mini renaissance in manufacturing in this country, in transportation because of the fact the energy prices are falling and makes the american much more competitive at the margin. i think 2013 is going to see continued declines in energy prices. that's like a tax cut for the american consumer, paul. >> but, paul, the thing we haven't mentioned here is unemployment. we'v